Halliburton is gearing up to cut U.S. management jobs as well as some positions in North Dakota.
According to an internal memo obtained by Austin-based CapGainr, the company said it will “flatten” its North American business by cutting multiple layers of management.
The company added that other positions could be cut “commensurate with market activity levels.”
The majority of the job cuts will take place in North America, where the Houston-based company has been hardest hit by last year’s oil price rout.
Halliburton has not disclosed how many positions will be axed.
Employees affected by the headcount reduction will be notified during the next two weeks, according to the memo.
“While the international markets have demonstrated more near-term resiliency, we continue to size our organization to the market,” the memo said.
In July, the Department of Justice extended its review of the merger to November 25, 2015, or to 90 days after both companies have certified substantial compliance with a second request for information from the agency.
News of the management cuts came just two days after reports that Halliburton will cut staff in Williston, North Dakota.
Halliburton confirmed to Reuters that it has reduced its headcount in Williston but did not provide details about the layoffs or disclose how many jobs were affected.
“Halliburton will continue to monitor the business environment and will adjust the size of our workforce to align with current business demands as needed,” the company told the news wire.
The company added that the Williston job cuts are not related to the merger.
Halliburton said in April that it had shed about 10 percent of its global workforce, or about 9,000 employees, during the first two quarters of the year.